AUCT expects to have good news soon. It expects 2H16 to be growth and expects 3Q16 to recovery due to car bidding is recovery; It had bid for a 30k car in 1H16. (Thun Hoon, 05/09/16)

BAFS

BAFS expects 2016 revenue and profit to record a new high, as volume increases with the number of flights. It expects 2H16 to grow due to high season. (Kao Hoon, 05/09/16)

Comment: And with the continued expansion of the Airport this company is sitting pretty

DEMCO

DEMCO expects its business to pass bottom after the budget for repairing Huay Bong 2-3 has been settled. It expects 2H16 to be in the black. It is confident that 2016 revenue will reach its target of Bt6bn, growth of 10-15%, supported by more than Bt6.4bn in backlog waiting to be booked. (Kao Hoon, 05/09/16)

Comment: Should this issue pass, then the last issue will be with WEH potential IPO – if/when that will occur

DSGT

DSGT expects 2016 revenue to be better than 2015’s revenue of Bt7.5bn, backed by customer expansion and expansion in Thailand and abroad. It plans to launch a big campaign to stimulate sales. (Thun Hoon, 05/09/16)

Comment: Just out at lunch time was the news that a PE firm has bid for THB 5.00/share for all of DSGT

ECF

ECF expects 2016 revenue growth 12-15% due to furniture business is recovery. It plans to negotiate with partner to invest in power plant in Thailand and abroad which expects to conclude in 3Q16. Recently, It signed MOU with AF to do a factoring loan to members and supplier. (Kao Hoon, 05/09/1 6)

EGCO

EGCO expects 2016 operating profit to exceed Bt8bn, growth of over 5%, after reporting operating profit of Bt4.3bn in 1H16. It continues to expand electricity business in Thailand and abroad and expects capacity to reach 5,000MW by 2019. (Kao Hoon , 05/09/16)

KTB

KTB rejigs loan price formula. Krungthai Bank (KTB), the country’s largest state-owned bank by assets, has revised its pricing formula for government and state enterprise loans to be more competitive after significant falls over the past few years. (Bangkok Post, 05/09/16)

NEP

NEP’s shareholders approved a capital increase of not over 965.52mn shares as a rights offering at a ratio of 3 old shares to 2 new, priced at Bt0.45, plus a free warrant at a ratio of 2:1. Shareholders can register for the shares on Sep 26-30. It plans to use the funds to expand. (Kao Hoon, 05/09/16)

RICHY

RICHY plans to launch a new condo in 4Q16 worth more than Bt1.5bn, located near the Green Line. It will style it to go along with the location, aimed at attracting the younger generation. It expects completion in 2018 and lift sales and revenue. (Kao Hoon, 05/09/16)

SEAFCO

SEAFCO expects to get a new job worth Bt3.66bn, booking at least 30% this year. It got 38 projects in 1H16. It has backlog of more than Bt1.1bn and expects 2016 revenue to hit the target of Bt2bn. (Kao Hoon, 05/09/16)

SIMAT

SIMAT plans to sell its IT business and enter into the fiber broadband business. It expects revenue of 80% from the fiber broadband business in three years and expects customers to double to 50K in 2017. It expects its business turn to profit in 4Q16 and plans to pay a dividend next year. It plans to list a subsidiary on the SET. (Thun Hoon, 05/09/16)

Comment: Wait what? Who are these guys? Investing in broadband is incredibly expensive and how will they compete against the larger players? I just don’t see it happening.

SUPER

SUPER expects 3Q16 earnings to be good supported by booking Bt1.2bn revenue from the sale of electricity. It expects to book Bt3.4-3.5bn from sale of electricity in 2016. It expects 2016 capacity of 1,000MW. (Kao Hoon, 05/09/16)

TSR

TSR expects 2H16 earnings to be good backed by expanding its customer base. It plans to add customers upcountry and open two new branches. in Phetchaburi and Chiang Rai. (Thun Hoon, 05/09/16)

Comment: A rather poor 2Q16 from the debts, apparently a change in accounting policy, will be interesting to see how the first of the year is/was for them

TTA

TTA expects to have profit next year after BDI has recovered to US$7,500 per day and PMTA earnings continue to grow. It expects to finish an acquisition by the end of 2016 or early 2017. (Kao Hoon, 05/09/16)

Comment: This rather company bought a laser tag company…why? Because the owner likes to play there. Great business strategy

VTE

VTE expects to do power business abroad and aims at capacity of 300MW by the end of 2017. It is negotiating with a listed company to invest in a 25MW biomass power plant in Japan. It expects 2016 revenue to be outstanding, supported by booking revenue from building power plants in the Philippines and Myanmar. (Thun Hoon, 05/09/16)